Jewellery sector expects sales washout on Akshaya Tritiya; coronavirus forces jewellers to go digital

"This year Akshaya Tritiya has fallen within the lockdown 2.0, which will result in complete shutdown of jewellery shops. Whatever sales will take place will be on the digital platform only," All India Gems and Jewellery Domestic Council Chairman Anantha Padmanabhan told here. "We are expecting 97-98 per cent decline in business this year on the day of the festival compared to last year," he added.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/353Qray